Reported 7 months ago
As the trade war between China and the European Union intensifies, the EU Commission announced imposing a temporary anti-subsidy tariff of up to 38.1% on Chinese electric cars, leading to tensions between the two sides. China vowed to take necessary countermeasures, causing concern in the European agricultural sector. It is anticipated that China may target European dairy and pork products, which are significant exports from the EU to China, with the EU being the second-largest source of dairy products for China and key pork suppliers including the Netherlands, Denmark, and France. This escalating dispute is expected to have broader implications on global trade and cooperation.
Source: YAHOO